Business & Finance
Egypt to offer $500 million in 1-year USD T-bills
CAIRO : Egypt 's central bank said on Sunday it would offer $500 million in dollar-denominated 1-year treasury bills at
1 min
By
The deficit burgeoned after last year's popular uprising, and the finance minister said in October liquidity at domestic banks had almost been exhausted. The new dollar T-bills will be issued on Feb. 22 and mature on Feb. 19, 2013, the bank said. Copyright Reuters, 2012